john rutledge who is actually a signer of the u.s. constitution, actually, one of the players in creating that constitution is one of washington's first choices for the original six justices on the supreme court. he actually accepts but then resigns the post without ever having served on the supreme court. he will later become the chief justice of the south carolina supreme court when john jay who was the first united states supreme court chief justice resigns, he is elected governor of new york, he leaves the post of chief justice that leaves it empty. washington will eventually tap john rutledge of south carolina. rutledge will come back to philadelphia this time and actually serve as chief justice, however, he is appointed during a recess of congress and so technically the senate hasn't confirmed him but he actually serves a session of the court as chief justice and leads them through some cases when the senate comes back later this year to return to session they take up the question of approving john rutledge. george washington ha

then there is an interesting letter coming from thomas johnson who joins the court 1791 after john rutledgeesign on —- resigns and also can you oblige me to have address made for me intended for the other judges so those that have ordered their robes to get once he can match everybody else has on but what i found interesting is that at the end he says i should have inclined against it but i'm not too perverse as to be singular to be seen as an different. so he was against wearing robes so there was some dissent even if they wanted to wear these colorful robes. but this definitely shows johnson wanted a robe and wilson writes back and says your robe has been made. we know it was made. so what happens if every 1792 the court comes to meet right by independence hall there is a courtroom of the supreme court this is where the justices first were a unique set of judicial designed robes not anything else and here is a picture of it. so those trying to show what the early court might have look like you only when i found was not great but here it is. there are newspaper articles in the corresponden

an unprecedented penalty against didi joining us for more on what is going on cnbc contributor john rutledgenteresting take on this you think china is trying for information. tell me about that >> everybody talking, including my buddy jim this morning about communism and the party, this has nothing to do with isms. i'm too old for isms this is a single strongman government afraid of losing power. the threat is free circulation of energy. they have now wonderful tools to manage energy, the government. they manage information. and so basically they've taken on and been slowly nationalizing the industry as a way of controlling the dialogue inside china. >> it feels in the long run like there has to be a tradeoff between power and growth perhaps we will see in china's case whether they can have both. more in the near term as far as investors are concerned, are you warning them away of all chinese names? >> as i said a few days ago on "fast money," this is the spicy meatball, something most investors should not touch if you don't have sources in china, i would stay away from this however, long te

joining us is john rutledge, chief investment strategist. he's still finding big opportunity in china, and fast money trading nadine just made a big bet against china. john and nadine are cnbc contributors thank you both so much for joining us today john, i want to start with you because these days, it's kind of a contrarian bet to be bullish in china given all of the news flow it seems like it's coming fast and furious by the hour these days what gives you this conviction at this point in time? >> well, you know, i have never made any money out of the herd, and the herd is now definitely full of china stories. and i think people are pretty darn confused between inflation stories, growth stories, covid, china, hong kong, taiwan, et cetera i don't think china is a very timely bet right now, but i think china is a bet, is an investment you can't afford to not have in your portfolio the question is how much of it so i like to pick out a few names that i think are going to be there a long time from now, and keep my eye closely on what's happening